China Trade - Highlight
26 July 2016
“Going Out” to Capture Belt and Road Opportunities (Expert Opinion 3): Hong Kong as a Fashion Capital
Chinese enterprises are attaching increasing importance to enhancing their product design capability. Notably, the consumers demand for various consumer products and services is on the rise, both in the mainland as well as emerging markets. While their purchasing power still lags behind that of consumers in developed countries, they have their own requirements where product design and service quality are concerned.
The removal of many international sanctions relating to Iran in January 2016 looks certain to boost the country’s economic prospects. Restored access to the global financial and trading system will enhance the investment climate in Iran in the medium-term and generate opportunities across many industries and sectors, particularly infrastructure and retail. This upturn seems likely despite lingering concerns over remaining “primary sanctions”.